ffreedom app - Money (Kannada)'s video: How to Get Mudra Loan up to Rs 10 Lakhs Mudra Loan Step By Step in Kannada @ffreedomapp

Download the ffreedom app from the Play Store or App Store to learn more about this video - https://ffreedom.com/ytkannada Courses on Personal Finance https://ffreedom.com/kannada/personal-finance-courses How to Get Mudra Loan up to Rs 10 Lakhs? | Mudra Loan Step By Step in Kannada | @ffreedomapp Mudra loan, also known as the Pradhan Mantri Mudra Yojana loan, is a scheme introduced by the Indian government to provide financial assistance to small businesses and entrepreneurs. The scheme aims to provide funding to micro and small enterprises, which are considered the backbone of the Indian economy. The loan is available in three different categories, namely Shishu, Kishor, and Tarun, based on the amount of loan needed and the stage of the business. The Shishu loan is for businesses that are in the initial stages and require a loan of up to Rs 50,000. The Kishor loan is for businesses that have grown and require a loan of between Rs 50,000 and Rs 5 lakh. The Tarun loan is for businesses that have grown further and require a loan of between Rs 5 lakh and Rs 10 lakh. To get a Mudra loan, the applicant must have a business plan and be a micro or small enterprise owner. The applicant should also have a good credit history and should be able to provide collateral if required. To apply for a Mudra loan, the applicant must visit the official website of the Ministry of Micro, Small and Medium Enterprises and fill in the application form. The applicant will then have to submit the required documents, including proof of identity, proof of business, and proof of income. Once the application is submitted, the loan amount will be disbursed within a few days, subject to the loan being approved. The loan can be used for a variety of purposes, including purchasing equipment, renovating the business premises, and working capital. In conclusion, the Mudra loan is a great option for small business owners and entrepreneurs who are looking to expand their business or take it to the next level. With a loan of up to Rs 10 lakh, businesses can take advantage of new opportunities, purchase equipment, and invest in their growth. However, it's important to have a good credit history and a solid business plan in place before applying for the loan. About Us: The ffreedom app is the largest livelihood education platform in India. The ffreedom app offers farmers and small business owners opportunities and knowledge to close the gap between their aspirations and skills. The ffreedom app is a part of IndianMoney.com. Over 96 Lakhs people in India may now choose from 1000+ courses in 6 languages from the freedom app. Learn from the courses in your language on personal finance, business and farming taught by super successful people from their respective fields. Join over 96 Lakhs learners from India who are on a mission to increase their income by ten times."